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Yeti Posts Q4 Loss After Recalls Hurt Results
(This story was updated on 4/13/2023.) Yeti Holdings, retailer and manufacturer of outdoor products, reported sales were nearly flat for the fourth quarter of 2022 compared to the same period…
News February 23, 2023TJX CEO Upbeat on “Phenomenal” Merchandise Availability
The discount retailer ended its fiscal year with sales up 3% to nearly $50 billion as it eyes more store and revenue growth in the longer term.
News February 22, 2023
Merrell Sales Jump 27% In Q4
Wolverine World Wide revenue totaled $665 million in the fourth quarter of 2022, up 8.4% in constant currency compared to Q4 of 2021. In the company’s newly organized Active Group,…
News February 22, 2023
How Duvin Became a Favorite of Celebs, Athletes, and Musicians
An Orlando Magic collaboration just sold out in a day. A footwear project with Puma and women's line are planned for summer. Sunglasses just launched. Co-founder Austin Duvall talks with…
News February 22, 2023
Breaking: Dick’s Sporting Goods to Acquire Moosejaw From Walmart
Editor’s note: Dick’s Sporting Goods commented on Moosejaw and Public Lands in an earnings call on May 23. Dick’s Sporting Goods announced today it has agreed to acquire outdoor retailer…
News February 22, 2023
REI Releases Updated Product Standards for Brand Partners
(This story was updated on 7/6/2023.) REI Co-op released its third iteration of standards geared toward sustainability, social equity, and environmental impact for the brands that sell products in its…
News February 21, 2023
Moody’s Cuts VF Corp. Unsecured Debt Rating
Moody’s last week downgraded VF Corp.’s unsecured debt rating on expectations that headwinds with Vans and the broader economy will keep the company’s leverage ratio high. VF ended 2022 with…
News February 21, 2023
Outdoor Research Promotes Three Executives to Senior Positions
Seattle-based Outdoor Research, a manufacturer of outdoor apparel and gear, promoted three department heads to leadership positions. After strong growth in 2022, the promotions “help create the structure to continue…
News February 21, 2023
What’s Selling at Ron Jon Surf Shop
We walk the floor with Ron Jon President Michele Goodwin and GMM Karen Klimkiewicz to talk about what brands they are excited about and expanding, 2022 results, and the forecast…
News February 21, 2023
